The World Bank will grant US$ 1.5 million to support researches and actions to boost private investment in infrastructure in Brazil, according to the Ministry of Finance.
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Foreign sales of wood panels also increased in Q1 but paper shipments dropped 3.5%. Revenue from sales of the three products stood at US$ 1.8 billion.
The index measured by the National Confederation of Industry was higher than March and reached 38.5 points. The sector, however, remains pessimistic.
As per the company’s newly released results, graft-related losses under probe by federal police reached US$ 2 billion based on today’s real-to-dollar exchange rate. Asset write-downs reached R$ 16.7 billion.
The numbers released by the maritime terminal’s manager show that in 2014, US$ 4 billion worth of goods were exported through the Moroccan port. Sales by Renault boosted the results.
The African Development Bank announced a US$ 140 million loan for part of the renovation, which includes construction of a new building, new runways, a traffic control tower and expansion of facilities.
In quarter one this year, the Brazilian mining company’s ore plant in Sohar performed better than in Q1 2014. Total iron ore output also increased.
Brazil’s trade in goods and services with the world was negative in March. In Q1, it stands at US$ 25 billion, according to the Central Bank.
The event, to be held on April 29th, will have a presentation by Rubens Hannun, vice-president of Foreign Trade of the Arab Chamber. Participation is open to member and guest companies.
In the third week of April, the Brazilian balance of trade recorded a US$ 240 million deficit, with exports grossing US$ 3.7 billion and imports amounting to US$ 3.9 billion.
The forecast of how much Brazil’s economy is expected to shrink in 2015 has gone from 1.01% to 1.03%, as per the Focus Bulletin. This year, the country should post a US$ 4.3 billion trade surplus.
Revenues from foreign sales from Brazil to Arab countries were up 1.03% year-on-year in March. The export volume increased by 27.7%.
Manufactured volume in Brazil was down 7.4% from March 2014 2.8 million tons, as per data from industry organization Instituto Aço Brasil.
Representatives of the private sector of the 20 biggest economies released proposals to try to eliminate bottlenecks that hinder the expansion of jobs and investments in countries facing difficulties.
